Dongfeng to reduce PSA stake in merger deal with Fiat: sources
China's Dongfeng Motor will have a reduced stake of around 4.5% in the new group resulting from the merger between Peugeot owner PSA and rival Fiat...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
UK regulator orders recall of fire-risk Whirlpool washing machines
Half a million washing machines manufactured by Whirlpool Corp and sold in Britain are to be recalled following an order from the country's safety regulator which...
Big changes coming in how you save for retirement
The House on Tuesday passed a $1.4 trillion spending bill that includes the bipartisan Secure Act, which aims to increase the ranks of retirement savers and...
Holiday Greetings from Lending Loop! 2019 Year In Review
Lending Loop Reza Jafer Dec 17, 2019 2019 at Lending Loop was an exciting and fruitful year as we achieved significant company milestones. We are proud...
Lawmakers may kill this popular retirement tax break for the wealthy
Lawmakers are poised to severely curtail the "stretch IRA," a strategy allowing wealthy Americans to leave sizable inheritances to beneficiaries who can then tap those assets...
FedEx cuts 2020 profit, cites 'significant challenges'
FedEx Corp on Tuesday issued its second warning on fiscal 2020 profit after quarterly earnings fell sharply on lackluster global trade and the end of its...
Peugeot family approves proposed MoU for PSA's planned merger with Fiat: source
Entities representing the Peugeot family have approved a proposed Memorandum of Understanding for PSA's planned merger with Fiat Chrysler , a source familiar with the situation...
Roche to complete $4.3 billion Spark deal as regulators give all clear
Swiss drugmaker Roche plans to complete its $4.3 billion takeover of gene therapy specialist Spark Therapeutics on Tuesday after U.S. and British authorities ruled the deal...
Southwest pulls Boeing 737 MAX jets from schedule through April 13
Southwest Airlines Co said on Tuesday is extending cancellations of Boeing Co 737 MAX flights by another five weeks, through April 13, due to the continued...
Oil edges further above $65 on trade hopes, supply cuts
Oil edged further above $65 a barrel on Tuesday, supported by hopes that the U.S.-China trade deal will bolster oil demand in 2020 and the prospect...
Fiat Chrysler, Peugeot boards meet to finalize merger: sources
The boards of Fiat Chrysler Automobiles NV and Peugeot SA will meet separately on Tuesday to discuss finalizing an initial agreement for a $50 billion merger...
European stocks retreat, sterling skids
European stocks slid from record highs and sterling dropped amid reports that Britain's prime minister was ready to play rough in Brexit talks.
Boeing will still burn $1 billion a month on 737 Max even with production halt, JP Morgan says
The planemaker faces internal overhead and labor expenses that will increase cash burn, analyst Seth Seifman says.
Futures edge lower after Wall Street's record close; Boeing drops
U.S. stock index futures dipped on Tuesday, a day after Wall Street closed at all-time highs, while Boeing was set for its fourth straight session of...
Exclusive: U.S. finalizing rules to limit sensitive tech exports to China, others
The Trump administration is finalizing a set of narrow rules to limit exports of sophisticated technology to adversaries like China, a document seen by Reuters shows,...